21 Characteristics

Characteristics

1. Economic Wealth

• It is a measurement of development
• It compares places by wealth
• It measures by GNP per capitia
• GNP=total value of goods/servies produced by a country in a year divided by the total number of people living in that country
• Western Industralised counrty development leads to growth of wealth
• Disadvantage of GNP is that it doesn't show the wealth of a person or place

2. Social Indicator

• Population
• MEDC's have a lower birth rate and a slower natural increasethan LEDC's
• Population Structures MEDC's have a smaller portion of children aged 15 and higher porportion of people aged of 65 than developing countries.
• Health
• MEDC's have a lower infant mortality rate, a longer life expectancy and fewer people per the doctor than the LEDC's
• Other Indicators
• adult literacy
• diet
• employment structures
• energy consumption
• related to wealth
• Country must increase GNP to:
• improve standard of living
• quality of life inhabitions
• Causes of inequality

numerous factors that may individually or collectively lead to inequalities